Zeev's Turnips - No Politics Message Board

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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: MSI who wrote (9747)	12/1/2001 1:39:30 AM
From: LTK007	Read Replies (1) of 99280

i am in the Secular Bear Camp until proven otherwise---my only comments i can throw out at this moment(time factor at work:);is this,we are trying to fight our way out of the looming threat of a longterm recession just as the european sector and asian sectors are signaling a worsening slowdown(the triple whammy threat). Our need and the global need is and has been the continuous spend spend spend motif of american consumer based economics. The drawback is this demand on the american consumer is at a time ,on average,that their debt load is significant. So it boils down to "PLEEEESE! americans for the sake of the world itself--go into deeper debt--forget yourself and your future and just spend!" And i say,whew!,wait a minute;we constitute maybe 6% of the world population,are we americans naught but the world's cash cow and if we should slow up in our desire to be milked the globe itself goes into recession? And with that i then respond "mama mia aren't we skating on thin ice". So in singularly non-scholarly expressed terms that's about it for now.Max

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